jasper Infotech operated ecommerce platform Snapdeal is in talks with Chinese ecommerce giant Alibaba Group and Foxconn Technology Group to raise about $500 Mn. The deal is valuing the company at roughly $5 Bn. As per...
Helpchat Acquires Deal Discovery App Niffler
Mumbai based Niffler, an app to discover deals and discounts across offline stores, has been acquired by personal assistant app Helpchat, for an undisclosed amount. The deal will enable Helpchat (operated by Coraza...
Alibaba, Ant Financial Invest In Paytm
Chinese e-commerce giant Alibaba Group Holding, along with its payments arm, Ant Financial Services Group, had made a strategic investment in mcommerce platform, Paytm, run by One97 Communications. The deal value have...
Safari Industries To Acquire Brands Of Genius Leathercraft
BSE listed Safari Industries, has entered into an agreement to acquire the Brands and distribution network of Genius Leathercraft, for an undisclosed amount. Indus Advisors Private Limited acted as the sole financial...
OrbiMed Invests In Online Pharmacy Startup NetMeds Marketplace
Online pharma aggregator Netmeds.com, has raised about R325 Cr ($50 Mn) from healthcare focused mid-stage PE firm OrbiMed. The round also saw the participation from Pradeep Dadha Group and boutique investment bank MAPE...
The Tenon Group Acquires Stake In Singapore Based Frontline Security
Security & Facility Management Corporation, The Tenon Group has acquired 51% stake in Singapore based Frontline Security Pte Ltd, for a consideration of about R19 Cr (GBP 1.9 Mn) in an all equity deal. Tenon...
NEA, Others Invest In MindTickle
MindTickle, a gamification platform to train salespeople, has raised about R82.5 Cr ($12.5 Mn) in Series A round led by New Enterprise Associates along with participation from existing investors Qualcomm Ventures and...
Micromax Informatics Buys Minority Stake In Ixigo
Micromax Informatics has made a strategic investment in Ixigo, a mobile travel search firm for minority stake. The funds will be used for expanding its product & technology team and to add 25,000 small and mid...
Antworks Acquires US Based Benchmark Systems
Business process management and technology startup Antworks, has acquired US based healthcare applications service provider, Benchmark Systems, in an all cash deal, estimated at about R33 Cr. Antworks also expects to...
Cisco Acquires IT Security Firm Pawaa Software
Cisco, a US based networking equipment company, has acquired Bengaluru based firm Pawaa Software, for an undisclosed amount. With the deal, the entire Pawaa team will join Cisco’s software platform group and will be...
Fork Media Acquires Spid Info Media
Digital advertising network Fork Media, has acquired Delhi based Wi-Fi advertising network, Spid Info Media, for an undisclosed amount. Founded in 2015, Spid Info Media helps clients to reach out to audiences using Wi...
Blue Star Acquires Stake In Oman Electro Mechanical Contracting
BSE listed Blue Star Ltd, today announced that it has acquired 51% stake in Oman Electro Mechanical Contracting Co LLC, for an undisclosed amount. The newly formed JV entity named Blue Star Oman Electro Mechanical...
